NCLT directs Promoter to Refund 7.78 cr for Outstanding Dues from HUF Firm revealed in Forensic Audit
The National Company Law Tribunal (NCLT) Ahmedabad has directed the promoter of Corporate Debtor to refund Rs. 7.78 Crores in lieu of pending...
![Section 56(2)(vii)(b) of Income Tax Act Applies to Individual and HUF and not Company: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-Tax-Act-Individual-HUF-not-Company-ITAT-quashes-Revision-Order-taxscan.jpg "Section 56(2)(vii)(b) of Income Tax Act Applies to Individual and HUF and not Company: ITAT quashes Revision Order [Read Order]")
![TDS Credit Allowable to HUF for Sale of Housing Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-TDS-Credit-Allowable-to-HUF-for-Sale-of-Housing-Property-TDS-Credit-TDS-HUF-Sale-of-Housing-Property-Housing-Property-Taxscan.jpg "TDS Credit Allowable to HUF for Sale of Housing Property: ITAT [Read Order]")
![Death of Assessee shall not abate Income Tax Appellate Proceedings as per Rule 26:ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-Ahmedabad-Assessee-Income-Tax-taxscan.jpg "Death of Assessee shall not abate Income Tax Appellate Proceedings as per Rule 26:ITAT [Read Order]")
![HUF is “Person” Liable for getting Its Accounts Audited: ITAT Allows Benefit of Extending Date Explanation 2(a)(ii) to S. 139(1) IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/HUF-Liable-Accounts-Audited-ITAT-Benefit-ITAT-Allows-Benefit-Extending-Date-Explanation-IT-Act-Income-Tax-Income-Tax-Act-taxscan.jpg "HUF is “Person” Liable for getting Its Accounts Audited: ITAT Allows Benefit of Extending Date Explanation 2(a)(ii) to S. 139(1) IT Act [Read Order]")
![Contravention of S. 269SS for Sale of Property for HUF: ITAT Upholds Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Contravention-Sale-of-Property-HUF-ITAT-Penalty-Taxscan.jpg "Contravention of S. 269SS for Sale of Property for HUF: ITAT Upholds Penalty u/s 271D [Read Order]")
![PCIT not Authorised Authority: Calcutta HC quashes Reopening of Assessment of HUF [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/PCIT-Authorised-Authority-Calcutta-Highcourt-Assessment-of-HUF-Reopening-of-Assessment-of-HUF-taxscan.jpg "PCIT not Authorised Authority: Calcutta HC quashes Reopening of Assessment of HUF [Read Order]")
![HUF Partitioned on Date of Assessment Order: ITAT quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/HUF-Date-of-Assessment-Order-ITAT-Proceedings.jpg "HUF Partitioned on Date of Assessment Order: ITAT quashes Proceedings [Read Order]")
Explanation as Past Savings of HUF and Members, No other Deposits during Demonetization: ITAT deletes Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench deleted Income Tax Addition on the ground that the explanation was past savings of HUF and its members and no other deposits were made during...
![Explanation as Past Savings of HUF and Members, No other Deposits during Demonetization: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Savings-HUF-Members-Deposits-Demonetization-ITAT-Income-Tax-Addition-taxscan.jpeg "Explanation as Past Savings of HUF and Members, No other Deposits during Demonetization: ITAT deletes Income Tax Addition [Read Order]")
HUF eligible for Capital Gain Exemption for Property purchased in the Joint Name of Members: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Hindu Undivided Family (HUF) is eligible to claim capital gain exemption under section 54F of the Income Tax Act, 1961 for the...
![HUF eligible for Capital Gain Exemption for Property purchased in the Joint Name of Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/HUF-Capital-Gain-Exemption-Property-purchased-ITAT-taxscan-.jpeg "HUF eligible for Capital Gain Exemption for Property purchased in the Joint Name of Members: ITAT [Read Order]")
Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]
The Chennai Income Tax Appellate Tribunal (ITAT) presided by Mr. Mahavir Singh, Vice President and Mr. Manoj Kumar Aggarwal, Accountant Member has held that property purchased by coparceners of Hindu...
![Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Property-Purchased-HUF-Individual-Capacity-ITAT-Taxscan.jpg "Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]")
![TDS on Perquisites: CBDT issues Revised Guidelines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/06/TDS-Perquisites-CBDT-Revised-Guidelines-taxscan.jpg "TDS on Perquisites: CBDT issues Revised Guidelines [Read Circular]")